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Item B: Selection of Proposal for 10th and Charnelton
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Item B: Selection of Proposal for 10th and Charnelton
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6/9/2010 1:16:29 PM
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7/11/2008 9:41:40 AM
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Agenda Item Summary
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7/14/2008
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Policy 14: Development shall be required to pay the full cost of extending infrastructure <br /> and services, except that the City will examine ways to subsidize the costs of <br /> providing infrastructure or offer other incentives that support higher-density <br /> infill, mixed use, and redevelopment. <br /> <br /> <br />AGENCY OPTIONS <br /> <br />1. Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 days with <br />th <br /> Opus NWR Development L.L.C. for the sale and development of the 10 and Charnelton <br /> development site and b) return to the URA with the terms of the sale and development for approval. <br />2. Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 days with <br />th <br /> one of the other development teams for the sale and development of the 10 and Charnelton <br /> development site, and b) return to the URA with terms of the sale and development for approval. <br />3. Defer selection of a proposal at this time and recommend next steps to the Agency Director. <br /> <br /> <br />AGENCY DIRECTOR’S RECOMMENDATION <br /> <br />Direct the Agency Director to a) enter into an exclusive negotiation period not to exceed 90 days with <br />th <br />Opus NWR Development L.L.C. for the sale and development of the 10 and Charnelton development <br />site and b) return to the URA with the terms of the sale and development for approval. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to direct the Agency Director to 1) enter into an exclusive negotiation period not to exceed 90 <br />th <br />days with Opus NWR Development L.L.C. for the sale and development of the 10 and Charnelton <br />development site, and 2) return to the City Council, acting as the Urban Renewal Agency, with the <br />proposed terms of the sale and development following the negotiation period. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Opus Northwest Summary <br /> <br />B.WG Development Summary <br /> <br />C.The Canterbury Group Summary <br /> <br />D.Energy Village Summary <br /> <br />E.Trannovation Station Summary <br /> <br />F.Comments from June 17, 2008, Public Workshop <br /> <br />G.Assessment of Development Risks by Johnson Gardner <br /> <br />H.Evaluation Matrix of Development Objectives for Opus & WG <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Nan Laurence <br />Telephone: 682-5340 <br />Staff E-Mail: nan.laurence@ci.eugene.or.us <br /> <br />Z:\CMO\2008 Council Agendas\M080714\S080714B.doc <br />
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